London, UK, December 6, 2024, Chainwire Pepeto: affordable prices and big announcements ahead Pepeto captured the attention of the cryptocurrency community with its compelling story and utility. Currently priced at just $0.000000096, Pepeto currently has 5 days left in its pre-sale phase and offers an affordable entry point. Pepeto also teased a major announcement to come, further fueling speculation and interest. The combination of narrative-driven appeal, advanced utilities such as cross-chain bridges and free exchanges, and a rapidly growing community could create a standout opportunity in the Memecoin space. Pepeto: Community and Adoption for the Memecoin Era Pepeto has generated…
Author: Crypto Flexs
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EigenLayer, Ethereum’s largest restaking protocol, is upgrading its rewards program to provide more flexibility for the protocol and restakers, according to a December 6 blog post. This change allows third-party protocols that use EigenLayer (Active Validated Services (AVS)) to distribute rewards to validators based on performance. Additionally, validators, or “operators,” can set commission rates independently, EigenLayer said.The upgrade is “designed to provide greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem,” the restaking protocol said in a December 6 post on the X platform.EigenLayer said the upgrade will be released on mainnet in January.EigenLayer AVS. Source: EigenLayerThe biggest…
Bitcoin (BTC) price fell to $90,500 following a flash crash on December 5, before quickly recovering above $100,000. Bitcoin 4 hour chart. Source: Cointelegraph/TradingViewDespite falling 14% from its all-time high of $104,600, Bitcoin is up 4.57% on the daily chart, maintaining a bullish position above the respective EMA levels on the 4-hour chart. Bitcoin Funding Rate Reset After $400 Million LiquidationBitcoin’s sharp decline occurred within an hour, during which the candle’s high and low were $99,105 and $90,500, respectively. Bitcoin liquidations exceeded $400 million in this short period, making it the largest liquidation event since 2021. However, the most positive…
XRP faced strong resistance near the $3 barrier as profit seekers began cashing out. The decision to HODL will depend on internal and external factors moving forward. Among the top altcoins, Ripple (XRP) has been strategically positioned by bulls to ride the wave of the Trump pump. With explosive monthly gains of more than 300%, XRP has become the talk of the market, attracting both seasoned and enthusiastic new investors. As a result, in just 30 days, XRP broke not one, but two major resistance levels. After regaining the $1 mark, it continued to build momentum, defying signs of market…
It has been reported that the Czech Republic has passed a bill exempting capital gains tax for Bitcoin holdings for more than three years. The decision, which was unanimously approved by the National Assembly on December 6, is scheduled to take effect on January 1, 2025.According to the Parlamentní Listy news site, the Czech Republic’s new tax exemption law introduces clear conditions under which cryptocurrency transactions can be excluded from personal taxation. “Individuals whose annual gross income from trading crypto assets does not exceed CZK 100,000 ($4,000) can benefit from this exemption,” the Czech media outlet said. “Also, digital assets…
The disastrous launch of influencer Haliey Welch’s Hawk Tuah (HAWK) memecoin this week saw the token plummet 91% in just three hours due to sniping and insider trading allegations.Welch denied the claims and authorities have not announced any investigation.But Welch and her team could face significant legal scrutiny if the U.S. Securities and Exchange Commission or the Department of Justice (DOJ) decides to investigate the controversial launch.The SEC could file civil charges for securities fraud alleging misrepresentation or fraud in the sale of securities if HAWK qualifies as a security under the Howey test, according to Yuriy Brisov, a partner…
Binance is set to list Across Protocol (ACX) and Orca (ORCA) with seed tags, indicating high volatility and risk. Trading pairs will be available from December 6, 2024. (Read more)
On December 5, Bitcoin (BTC) hit a snag in its historic rise above $100,000. This is because the flagship cryptocurrency falls back into the 5-digit territory, leaving a trail of liquidations across the market.BTC gave up almost all of its 24-hour gains to hit a new all-time high of $103,679. The day before it attempted to recover, falling to a low of around $90,300.Bitcoin was trading at $95,500 at press time amid high volatility. CryptoSlate data.clearingIn the last 24 hours, approximately $885.61 million in leveraged positions were liquidated, affecting 202,956 traders worldwide. Of the total liquidations, Bitcoin accounted for $540…
CryptoKeying, a leading cryptocurrency mining platform, announces the launch of a high-quality, innovative service designed to make cryptocurrency mining simple, fast, and highly profitable for its followers and investors. CryptoKeying aims to change the cloud cryptocurrency mining landscape with a focus on simplicity, transparency, and user empowerment.How to Mine CryptoKeyingStep 1.Access the CryptoKeying platform via your mobile or computer browser and click to begin registration.Step 2. Get a $10 bonus after creating an account ($0.60 per day when you log in).Step 3. Choose a Contract: Find a contract that suits your investment level and goals. Each contract has a variety…
December 6, 2024, Pittsburgh, USA, Chainwire Anaxi Labs, in collaboration with CyLab, the cybersecurity and privacy lab at Carnegie Mellon University, has released a compiler framework for cryptography that addresses the challenge. Building scalable applications using zero knowledge requires fundamental trade-offs. Until now, the elusive trifecta of scalable, cryptographically secure, and decentralized applications was considered impossible and a barrier to mass adoption. A breakthrough in uncompromising encryption Blockchains like Ethereum have been hailed as the future of decentralized infrastructure, with zero-knowledge (ZK) technology predicted to improve Ethereum’s security and scalability beyond 120 TPS. According to the team, developing a ZK…